CBS, Tokyo Broadcasting System Renew and Expand News-Sharing Pact
The agreement, signed in New York, will continue for another decade.
TOKYO – Japan’s Tokyo Broadcasting System (TBS) and America’s CBS have extended their news-sharing agreement for another 10 years, while planning to expand the scope of their cooperation.
The two channels will continue to share newsgathering and broadcasting infrastructure, as well as bureaus in New York and Tokyo under the arrangement, which has been in place since 1991.
TBS and CBS are also aiming to cooperate globally and develop strategic partnerships in digital media.
The extension was formalized in a ceremony at CBS in New York on Tuesday, with Jeffrey Fager, CBS News chairman; Armando Nuñez, CBS Studios International president; Hiroshi Inoue, TBS Holdings chairman and Makoto Hoshino, TBS News president, in attendance.
“The meaning of our partnership with CBS is becoming even more significant to TBS, as the world of visual media becomes increasing diversified and international,” said Inoue in a statement.